A little-noticed new rule introduced by Barack Obama's administration gets tough on U.S. states such as Delaware and Nevada, which are notorious for murky shelters often used for illicit purposes. But there is a catch.
China's development is the biggest socioeconomic experiment in world history. The outcome is open. finews.ch-editor Peter Hody took the opportunity to gain an insider's view.
After making several mistakes some years ago, the management team of the Edinburgh Dragon investment trust, led by Singapore-based Adrian Lim, is back on track.
Newly-loosened dress codes at Wall Street banks have left bankers guessing about what exactly business casual means in finance, formerly dominated by pinstripes, cufflinks, and monogrammed shirts.
The High Court in Hong Kong has ruled against a private banking unit of Singapore’s OCBC in a case of a financially naive elderly couple. In his ruling the judge noted the couple had very little real understanding.
Trident Trust the independent provider of corporate, trust and fund services to the financial services sector has appointed a new Managing Director in Singapore.
Global investment research and investment management firm Morningstar has appointed from within for the role of Director of Manager Research Ratings Asia-Pacific.
A former UBS veteran has joined Swiss rival Julius Baer taking up the role of Head of Markets and Advisory Solutions in Hong Kong. A spokesperson in Zurich confirmed the move to finews.asia.
UBS executives star in a promotional video released by the Swiss bank. The 12-minute production features cinematic tricks to tug at the heartstrings, including swelling music, slow-motion and personal remembrances.
Multi-family office Carret Private Investments has received investment into its Asian private wealth management business from a subsidiary of a mainland bank.
Global insurance firm Zurich has announced the appointment of a new regional Chief Executive Officer of Zurich in Asia Pacific, effective September 1, 2016.
The first half of 2016 has been the second highest demand for gold on record. Increased concerns over political and economic uncertainty saw Investors flock to the precious metal. So where will it go next?
Wealth data firm Wealth-X has released its 2015-2016 Billionaire Census revealing a record number of billionaires globally.
Switzerland's central bank has appointed a foreign exchange and gold specialist as the new head of its Singapore trading floor, finews.asia has learned.
U.S. asset manager Legg Mason has relocated a high achieving Executive Director from Scotland to Melbourne to drive forward the Australian business.
EFG International said it will pay considerably less to acquire Banca della Svizzera Italiana, or BSI, after the Ticino-based private bank bled client assets in recent months.
Singapore has proven its mettle as a technology innovator by luring a prominent U.S. blockchain expert to a key advisory panel set up by the Monetary Authority of Singapore, MAS.
Independent wealth manager TriLake Partners has announced its third key hire in less than six weeks. The Singapore based firm recently recruited a Chief Investment Officer and a Greater China specialist.
Clients pulled billions from Banca della Svizzera Italiana, or BSI, in the second quarter after the Ticino-based private bank was sanctioned by regulators for its dealings with scandal-engulfed 1MDB.
First Names Group, a trust, fund, real estate and corporate services provider has appointed a new Chief Executive Officer. The new head takes over from Cengiz Somay, who decided to step down in July.
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